
Europe - Euronext Milan - BIT:ECAR - IE00BGL86Z12 - ETF
Taking everything into account, ECAR scores 6 out of 10 in our technical rating. Although ECAR is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
ECAR has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
7.29
We found 2 important support areas.
We found 1 important resistance area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ECAR.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ECAR.MI is up. |
| ChartMill Relative Strength | 50.84 | NEUTRAL | ECAR.MI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ECAR.MI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ECAR.MI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ECAR.MI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.37 | NEUTRAL | The RSI value for ECAR.MI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ECAR.MI has a positive trend. |
| Stochastics (14,3) | 75.28 | NEUTRAL | The Stochastics value for ECAR.MI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.71 | LOW VOLATILITY | The low ATR as a percentage value for ECAR.MI suggests low volalility. |
| Average Directional Index/ADX (14) | 11.2 | NEGATIVE | The low ADX value for ECAR.MI suggests a weak or negative trend. |
BIT:ECAR (12/23/2025, 7:00:00 PM)
8.016
-0.03 (-0.31%)
ChartMill assigns a technical rating of 6 / 10 to ECAR.MI.
The current trend direction for ISHARES EV & E DRIV TECH (ECAR.MI) is Bullish.
ISHARES EV & E DRIV TECH (ECAR.MI) has an RSI value of 52.3703. This indicates that the stock is currently neutral.
The short term momentum for ISHARES EV & E DRIV TECH (ECAR.MI) is positive.
ISHARES EV & E DRIV TECH (ECAR.MI) has a support level at 8.01 and a resistance level at 8.31. Check the full technical report for our detailed analysis of ECAR.MI support and resistance levels.